A multiplant firm has equated marginal costs at each plant. By doing this A) profits are ...

Author Question: A multiplant firm has equated marginal costs at each plant. By doing this A) profits are ... (Read 58 times)

ishan

Hero Member
Posts: 546

on: Jul 1, 2018

A multiplant firm has equated marginal costs at each plant. By doing this

A) profits are maximized.
B) costs are minimized given the level of output.
C) revenues are maximized given the level of output.
D) none of the above

Question 2

The potential for redistribution cannot be exaggerated.

Indicate whether the statement is true or false

mk6555

Sr. Member
Posts: 310

Reply #1 on: Jul 1, 2018

Answer to Question 1

B

Answer to Question 2

F

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